Evan D. Smiley and Autumn D. Spaeth, partners of Smiley Wang-Ekvall, led the charge for twenty-seven defendants in seeking the dismissal of more than $50 million in claims asserted by the estate representative for Stillwater Asset Backed Offshore Fund Ltd. and other related funds. At the hearing on the motion to dismiss Stillwater’s complaint filed by Smiley and Spaeth, the Bankruptcy Court expressed a number of concerns with Stillwater’s claims and required additional briefing from Stillwater and other parties.